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By Bloomberg, Dec. 04, 2016
On Thursday, the Senate voted 99-0 to extend the Iran Sanctions Act, which authorizes a president to prevent investment in Iran’s energy sector and other sensitive industries. While Obama has waived most sanctions under the nuclear accord, congressional leaders said keeping them in reserve provides valuable leverage against Iran. White House spokesman Eric Schultz said the bill won’t interfere with the U.S.-led nuclear agreement and he expected the president to sign it.
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